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"Common sense" is the philosophy Channell Realty, Inc. has relied on since 1967. We buy and sell income producing property. Channell Realty has never understood why investors don't buy rental property. It almost seems illegal to buy a rental unit, while having someone else (a tenant) paying for it through rent. The investor must make sure his/her property is maintained and rented. The investor can do this on their own or he/she can hire Channell Realty, Inc. to do all of the property management (maintenance, collect rent, etc.). During the duration of ownership of rental property, one can expect returns between 8% and 12% (gross rents, less expenses, depreciation, deduction, property value increase, plus principle reduction). Rental income can supplement your income, plus add to retirement income. Letting someone else pay off a mortgage for you is just plain "common sense" to Channell Realty.
"Pulling the trigger" regarding taking a risk is what stops most investors. "The turtle who never sticks his neck out, never gets anywhere." It's not how smart you are, rather it's whether you have any risk tolerance. Real Estate is not for the "faint hearted."
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